Tsit Wing International Holdings Past Earnings Performance
Past criteria checks 4/6
Tsit Wing International Holdings's earnings have been declining at an average annual rate of -12.5%, while the Food industry saw earnings declining at 3.9% annually. Revenues have been growing at an average rate of 0.7% per year. Tsit Wing International Holdings's return on equity is 12.4%, and it has net margins of 8.7%.
Key information
-12.5%
Earnings growth rate
-11.2%
EPS growth rate
| Food Industry Growth | 0.7% |
| Revenue growth rate | 0.7% |
| Return on equity | 12.4% |
| Net Margin | 8.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Tsit Wing International Holdings' (HKG:2119) Upcoming Dividend Will Be Larger Than Last Year's
Aug 20
We Think Tsit Wing International Holdings' (HKG:2119) Healthy Earnings Might Be Conservative
Apr 25Tsit Wing International Holdings Limited's (HKG:2119) 37% Share Price Surge Not Quite Adding Up
Feb 19Tsit Wing International Holdings (HKG:2119) Is Paying Out A Larger Dividend Than Last Year
Aug 20Tsit Wing International Holdings (HKG:2119) Is Paying Out Less In Dividends Than Last Year
Apr 04Tsit Wing International Holdings (HKG:2119) Will Pay A Smaller Dividend Than Last Year
Mar 05Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.0176
Aug 22Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.035
Apr 27Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.035
Apr 04Tsit Wing International Holdings' (HKG:2119) Dividend Will Be Reduced To HK$0.035
Mar 21Tsit Wing International Holdings' (HKG:2119) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22Does Tsit Wing International Holdings (HKG:2119) Have A Healthy Balance Sheet?
May 16Estimating The Intrinsic Value Of Tsit Wing International Holdings Limited (HKG:2119)
Apr 16Is Tsit Wing International Holdings Limited (HKG:2119) The Right Choice For A Smart Dividend Investor?
Apr 01Can You Imagine How Tsit Wing International Holdings' (HKG:2119) Shareholders Feel About The 13% Share Price Increase?
Mar 17Will Tsit Wing International Holdings (HKG:2119) Multiply In Value Going Forward?
Mar 02Tsit Wing International Holdings Limited's (HKG:2119) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 09Should You Investigate Tsit Wing International Holdings Limited (HKG:2119) At HK$1.05?
Jan 19
Insider Buying: The Tsit Wing International Holdings Limited (HKG:2119) Chairman & CEO Just Bought 7.5% More Shares
Dec 29Should Tsit Wing International Holdings Limited (HKG:2119) Be Part Of Your Dividend Portfolio?
Dec 15Here's What To Make Of Tsit Wing International Holdings' (HKG:2119) Returns On Capital
Nov 24Revenue & Expenses Breakdown
How Tsit Wing International Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 719 | 63 | 184 | 0 |
| 31 Mar 24 | 724 | 56 | 183 | 0 |
| 31 Dec 23 | 729 | 49 | 183 | 0 |
| 30 Sep 23 | 728 | 49 | 184 | 0 |
| 30 Jun 23 | 726 | 48 | 186 | 0 |
| 31 Mar 23 | 711 | 48 | 185 | 0 |
| 31 Dec 22 | 696 | 47 | 184 | 0 |
| 30 Sep 22 | 715 | 55 | 186 | 0 |
| 30 Jun 22 | 734 | 63 | 188 | 0 |
| 31 Mar 22 | 751 | 72 | 192 | 0 |
| 31 Dec 21 | 767 | 80 | 196 | 0 |
| 30 Sep 21 | 738 | 83 | 195 | 0 |
| 30 Jun 21 | 710 | 86 | 194 | 0 |
| 31 Mar 21 | 674 | 82 | 188 | 0 |
| 31 Dec 20 | 639 | 77 | 183 | 0 |
| 30 Sep 20 | 662 | 79 | 182 | 0 |
| 30 Jun 20 | 685 | 82 | 181 | 0 |
| 31 Mar 20 | 735 | 86 | 188 | 0 |
| 31 Dec 19 | 785 | 90 | 195 | 0 |
| 30 Jun 19 | 686 | 78 | 192 | 0 |
| 31 Mar 19 | 758 | 76 | 197 | 0 |
| 31 Dec 18 | 831 | 73 | 203 | 0 |
| 30 Sep 18 | 1,052 | 61 | 228 | 0 |
| 30 Jun 18 | 1,033 | 46 | 234 | 0 |
| 31 Mar 18 | 994 | 46 | 228 | 0 |
| 31 Dec 17 | 955 | 46 | 222 | 0 |
| 31 Dec 16 | 850 | 63 | 196 | 0 |
| 31 Dec 15 | 838 | 48 | 188 | 0 |
Quality Earnings: 2119 has high quality earnings.
Growing Profit Margin: 2119's current net profit margins (8.7%) are higher than last year (6.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2119's earnings have declined by 12.5% per year over the past 5 years.
Accelerating Growth: 2119's earnings growth over the past year (29.5%) exceeds its 5-year average (-12.5% per year).
Earnings vs Industry: 2119 earnings growth over the past year (29.5%) exceeded the Food industry -2.9%.
Return on Equity
High ROE: 2119's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tsit Wing International Holdings Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alison Fok | DBS Vickers Research |
| Wen Lee | OCBC Investment Research Pte Ltd. |